Bunker Global Open Directory News
2026-06-29MABUX: Bunker market to continue irregular fluctuations on Jun. 29.
The MABUX World Bunker Index — a composite benchmark reflecting daily prices for 380 HSFO, VLSFO, and MGO — moved sideways on Jun. 26:
380 HSFO: USD/MT: 553.74 (-5.68)
VLSFO: USD/MT 713.05 (-1.41)
MGO: USD/MT 1 065.55 (+1.30)
The bunker market continues to transition from a supply-constrained environment toward improving supply fundamentals. Recovering Gulf exports and stronger cargo flows are expected to gradually ease regional supply tightness, placing downward pressure on ex-wharf prices. Delivered premiums, however, remain supported by prompt logistics constraints and limited barge availability. As inventories continue to rebuild and supply chains normalize, delivered premiums are expected to soften progressively, provided no renewed geopolitical disruptions materially affect the market.
As of Jun. 26, the MABUX Market Differential Index (MDI), which tracks the spread between Market Bunker Prices (MBP) and the MABUX Digital Bunker Benchmark (DBP) — registered the following trends across the four major global bunkering hubs: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam, Singapore and Houston remained undervalued, with discounts widening by $16, $10 and $17, respectively. Fujairah remained the only overvalued port, although its premium narrowed by $11. Singapore's MDI remained above the $100 threshold.
• VLSFO segment: Rotterdam moved into the undervalued zone, joining Houston. Discounts widened by $8 in Rotterdam and $18 in Houston. Singapore and Fujairah remained overvalued, although premiums narrowed by $12 and $23, respectively. Fujairah's MDI continued to exceed the $100 threshold.
• MGO LS segment: Rotterdam moved into the undervalued zone, joining Houston. Discounts widened by $8 in Rotterdam and $18 in Houston. Singapore and Fujairah remained overvalued, although premiums narrowed by $12 and $23, respectively. Fujairah's MDI continued to exceed the $100 threshold.
MABUX expects the Global bunker market to continue irregular fluctuations on Jun. 29: plus-minus 5-15 USD/MT, VLSFO: plus-minus 5–15 USD/MT, MGO LS: plus-minus 10–20 USD/MT.
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